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3.29 Sunday Morning Bitcoin Outlook
During the weekend, despite the slow pace, it’s still a back-and-forth situation.
Yesterday, Bitcoin smoothly reached the 658 level and successfully hit the 670 zone.
After reaching that point, a short position was taken, and it has now retraced as expected.
In the short term, both bullish and bearish signals are clearly visible.
Today, the focus remains on short-term trading.
In the near term, do not expect a one-sided trend.
If Bitcoin pulls back below 660 in the morning, consider going long at any level.
If it rises above 670, and continues upward without a reversal, then consider shorting again.